
More recent developments

NEVs make up >40% of auto exports for third straight month
New energy vehicles (NEVs) represented 41.1% of China's passenger auto exports in June. That's the third consecutive month NEVs' export share exceeded 40%. Per China Passenger Car Association (CPCA) data, in June China exported: Roughly 198,000 NEVs, up ~149% y/y… Read More »

Politburo gets plenum on calendar and discusses economic policy for H2
The Politburo held its monthly meeting on Wednesday. First up, the leadership set an October date for the Party Central Committee’s Fourth Plenum – which will set the framework for the 15th Five-Year Plan (2026-2030). They then turned to charting… Read More »

US-China conclude Stockholm talks, trade extension awaits approval
Deal or no deal? That is the question. On Tuesday, the US and China concluded two days of trade talks in Stockholm, Sweden. Led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, respectively, the two sides… Read More »